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DJIA 19.5k
 

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Sparky
Joined: 08 Dec 2003
Posts: 19068
Location: PDX

12/7/16 5:58 PM

DJIA 19.5k

Smokes, Is that really high, or is our money just adjusting to crap. ;)

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daddy-o
Joined: 12 Apr 2004
Posts: 3307
Location: Springfield

12/8/16 6:23 AM

Familiar pattern

Democrats build a strong foundation for a house and the republicans put a 58 story glass skyscraper on it. After a few years it crashes. Now's the time to make money.

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dddd
Joined: 11 Jan 2004
Posts: 3345
Location: NorCal

12/8/16 3:00 PM

"Smokes, Is that really high, or is our money just adjusting to crap. ;)"

...prompted me to take a look at one commodity during the same week's closings, a step function, though relatively small:

https://www.bullionvault.com/silver-price-chart.do

vs.

http://markets.money.cnn.com/services/api/chart/snapshot_chart_api.asp?symb=INDU

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daddy-o
Joined: 12 Apr 2004
Posts: 3307
Location: Springfield

12/8/16 6:59 PM

OPEC cuts production by 1% of worldwide production and gas goes up the next day 5%.

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KerryIrons
Joined: 12 Jan 2004
Posts: 3234
Location: Midland, MI

12/9/16 9:56 AM

Exchange rates

Meanwhile the soaring dollar will totally put paid to Trump's imaginary boost to US exports thus protecting American manufacturing jobs. Funny how policy actually does impact the economy, but when you don't understand the most basic economic fundamentals, the results are predictable. I'm sure it will all turn out just fine.

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